Fiscal Note
HJR201 - Joint Resolution Approving Acceptance of Federal Education Funds
State Impact:
Enactment of this resolution allows the Governor to accept $101,303,951 in federal funds provided by the Education Jobs Fund grant program. Upon acceptance and distribution, the funds can be spent by public education entities subject to the terms of the federal legislation.
| Funding Source | FY 2010 Approp. | FY 2011 Approp. | FY 2012 Approp. | FY 2010 Revenue | FY 2011 Revenue | FY 2012 Revenue |
| Federal Funds | $0 | $101,303,951 | $0 | $0 | $101,303,951 | $0 |
| Total | $0 | $101,303,951 | $0 | $0 | $101,303,951 | $0 |
Individual, Business and/or Local Impact:
Enactment of this resolution likely will not result in direct, measurable costs and/or benefits for individuals or businesses. Local school districts and public charter schools will receive a share of $101,303,951 based upon the State's basic education formula.
| 11/17/2010, 2:14:42 PM, Lead Analyst: Bleazard, M./Attny: | Office of the Legislative Fiscal Analyst |